Skip to content Skip to footer

How to Buy Bitcoin Cash (BCH)

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH)

Step 1 – Signup to CEX.io

You'll first need to buy units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and receive your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – {Transfer} Your {Bitcoin or Ethereum} to an {Crypto Exchange}

Your {ETH (Ethereum) or BTC (Bitcoin)} {will need} to be sent over to an {Cryptocurrency Exchange} now. {All exchanges have} a deposit form that is {alike}. Bitcoin Cash (BCH) is {available} on Binance, so {we're going to} use that as an {example}. {Unsure} on how to send {Coinbase funds} to an {Cryptocurrency Exchange}? ({Just follow} {this guide})

Make sure {you've} {chosen} the {exact} coin you {would like} to deposit.

{Bitcoin} must be sent to a {Bitcoin} deposit address, {ETH} to an {ETH} deposit address, {and so forth}. {In the case} {you're} {working with} a decentralized exchange, {like} Airswap or DDEX could be {unlike} ({Just follow} {our guide}).

Step 3 – {Find} Bitcoin Cash (BCH)

{Once} your deposit has been {verified}, {you'll} {directly} have access to your {funds} and you can {initiate} {purchasing} and trading. To {purchase} Bitcoin Cash (BCH) on Binance, {you will} want to {hover over} the {”Exchange” tab} and{} {click} on “Basic”.

{To} {find} Bitcoin Cash (BCH), {you will} need to {insert} the {shortname of the coin} (BCH) into the {search box}, which is {highlighted} in the {image}. {Be certain of having} {choosen} the {correct} {grouping}, {we have} {highlighted} this {too}. Click on “BCH/BTC” to {advance}.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bitcoin Cash (BCH)
Step 4 – {Buy} Bitcoin Cash (BCH)

{After} {you've} {found} Bitcoin Cash (BCH), {you'll} be {given} a {Chart with Prices} (in the Center of the {picture}) and {a few} Order Books ({on the Left} of the {picture}). {For now} {we are} {creating} our{ own} Limit Order.

The {field with the “Price” tag} will be {filled} with the{} {recent} {rate} Bitcoin Cash (BCH) was {traded} for. {You can change this} to your {favoured} {rate}. The {field with the “Amount” tag} is the {amount} of BCH you {like} to {buy}. The {field with the “Total” tag} is the {total} price in {Bitcoin} that {you will} {settle} for the {complete} {amount} of BCH.

{If} {you are} {happy}, {make a mouse click} on “Buy BCH”. Your {order} will be filled {as soon as} a {Seller} {trades} their BCH for the price you {gave}.

Step 5 – Withdraw Bitcoin Cash (BCH)

Unless {you're}{ frequently} trading, {best advise is not to keep your} {crypto coins} on an {Exchange} for an {longer} {time period}. {To} {withdraw} your Bitcoin Cash (BCH), {go to} the {”Funds” tab} and {click} on “Withdraw”. Bitcoin Cash (BCH) can be {safely stored} using a Wallet, {for example} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} Bitcoin Cash (BCH) by using the {provided} drop-down box. {Enter} the {volumen} of Bitcoin Cash (BCH) {you'd} {like} to {take off}. {Take into account} the {displayed} {minimus/fees}. Also make sure you have {entered} your {right} withdraw address.

{If} {you are} {satisfied}, {make a mouse click on} “Submit”. You {could} be {asked} for {verfication via phone/email} {ahead of} a {withdrawal}.

{Congratulations}! {You've} successfully {bought} and {stored} Bitcoin Cash (BCH).

That's it!

{Withdrawals} from {Crypto Exchange} can {take} {between} 1 – 30 minutes ({depending} on {usage of the network}). {As soon as} {you have} {confirmed} your {withdrawal} {with} {Etherscan.io or Ethplorer.io} and the Bitcoin Cash (BCH) is {stored} {inside} your wallet, {you are} {all done}.

Some other Guides on How to buy different Altcoins

How to Buy Handshake
How to Buy cUSDC
How to Buy Altcoins
/* */Generated by MPG